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Date/Time: Mon, 29 Apr 2024 16:30:02 +0000

[User Discussion] - Moving Stop and Target, and Trading System Based on Alert Condition

[2018-04-11 21:25:22] #1 [Go To First Post]
User35525 - Posts: 179
Trading System Based on Alert Condition works great for semi-automated trading, but if having negative slippage on a new position, both Target Order and Stop Order need manually adjusted for slippage in fast markets like NQ. Can Trading System Based on Alert Condition be updated to account for negative slippage and adjust the Target and Stop orders on new positions? Negative slippage is defined as entry price > best ask price at time of buy entry; or entry price < best bid price at time of sell entry; to adjust for slippage for buy entries, the Target and Stop orders would be reduced by the slippage amount (or increased by the slippage amount for sell orders). This addition would let Trading System Based on Alert Condition work for fully automated trading in fast markets. Date Time Of Last Edit: 2018-04-11 21:30:33

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